---
schema_version: "secwatch.filing_event.v1"
accession: "0001477333-23-000055"
form_type: "8-K"
ticker: "NET"
cik: "0001477333"
company_name: "Cloudflare, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:52:12.068690+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cloudflare Q2 revenue $308.5M (+32% YoY); record bookings and operating profit

## Summary
- Revenue $308.5M, +32% YoY; GAAP net loss $94.5M ($0.28 per share).
- Non-GAAP income from operations $20.3M (6.6% margin); non-GAAP EPS $0.10.
- Operating cash flow $64.5M (21% of revenue); free cash flow $20M (6% of revenue), both improved YoY.
- Record new ACV bookings in Q2; fourth consecutive quarter of record operating profit.
- CEO highlighted AI momentum; Cloudflare claims most commonly used cloud among leading AI startups.

## SEC filing metadata
- accession: 0001477333-23-000055
- form_type: 8-K
- ticker: NET
- cik: 0001477333
- company_name: Cloudflare, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477333/000147733323000055/0001477333-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477333/000147733323000055/cloud-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477333-23-000055
- JSON: https://secwatch.observer/filing/0001477333-23-000055.json
- Plain text: https://secwatch.observer/filing/0001477333-23-000055.txt

## Key facts
- Earnings Releases
  Cloudflare, Inc. reported the fiscal quarter ended June 30, 2023 results: revenue $308.5 million, net income $94.5 million, EPS $0.28.
  - Period: the fiscal quarter ended June 30, 2023
  - Revenue: $308.5 million
  - Net income: $94.5 million
  - EPS: $0.28
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Cloudflare Announces Second Quarter 2023 Financial Results • Second quarter revenue totaled $308.5 million, representing an increase of 32% year-over-year • Delivered GAAP loss from operations of $56.2 million, or 18% of revenue, and non-GAAP income from operations of $20.3 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477333/000147733323000055/0001477333-23-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.